Though there are many perks that come along with working from home, there are a couple of disadvantages as well. For one thing, you’re likely to be distracted by a number of mundane happenings, such as the doorbell, personal phone calls, barking dogs, raucous children, or even the television.
It’s hard to stay on track when there are so many non-business things going on. Another problem is that some potential clients or customers might not take you seriously when they realize you work from home.
This is usually not an issue when dealing with other small businesses, but if you’re trying to land a major account, your mailing address on Shady Pines Lane doesn’t exactly scream corporate bigwig. That’s why many people elect to look for cheap office space rentals in their area.
Cheap office space rentals are popular for small business owners because having a workspace away from home eliminates the problems I just mentioned. Now instead of having to run things out of the spare bedroom, you can retreat to a private suite that gives you the peace and quiet you need to get things done.
Moreover, independent studies have concluded that most people tend to be more productive when they actually get dressed and work in a professional environment. Sure, we all think we’d like to lounge around in our pajamas all day as we telecommute, but the reality is that we’re more likely to accomplish our daily tasks when we head out to our office space rentals instead of staying at home.
And of course clients are more apt to consider your venture to be a legitimate operation if you have separate offices than if greet them in your living room.
It’s easy to find cheap office space rentals in any area, even without the help of a real estate agent. You can simply check local classified ads or online listings at Craigslist and similar websites. Or, if you have a specific locale in mind, all you have to do is drive out there in person to see if there are any vacancies available. In this type of economy, it shouldn’t be difficult to get a good deal on office space rentals.
One thing you’ll have to decide before committing to one of these offices is the period of your lease agreement. Short-term leases typically carry a higher monthly rent, but the obvious benefit is that you won’t be locked in forever. Long-term leases might work in your favor if your business is relatively established, but could end up hurting if things go south in a hurry. You’ll have to examine your own finances to make this call.
On the whole, office space rentals can be a smart decision for small business owners looking to establish themselves as serious players in their field. It’s one thing to start a company out of your garage, but if you’re still there five years later, something’s wrong!